Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mibbz wrote:mwekez@ji wrote:Kausha wrote:For those who were at the kenol CP forum yesterday, you got an assurance from the Group CEO - Ohana that they will be profitable this year certainly.
On the article, it appears it's the work of the enemies. The OTS matters is before the ERC and will be resolved very shortly.
Although my selfish reason would be for the OTS matter not to be resolved. It just allows Kenol to import their fuel efficiently and bypass the KPC ullage and KPRL, saving the extra chums spent at KPRL for no value add.
Indeed it is your selfish call for the OTS matter not be resolved. We know KK cannot import fuel directly because of storage and working capital constraints. They are desperating hawking the KES 1.7B commercial paper and selling "idle assets" to finance working capital. The optimism painted by Ohana at CP forum yesterday is to lure you to give him the KES 1.7B @mwekez@ji what if Ohana actually gets the 1.7Bil working capital,do you see an improvement in business resulting in catapulting this company and share from the abyss? Its important that he gets the working capital otherwise all work stops. Then he'll need to translate the work to profits which i believe he can do. he'll need to adopt right strategies and create good relations with all industry players. if that happens, share price will also do well. .... waiting to see via HY13 results what state segman has left KK. if its in ICU, like media are purporting, ....
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